Thompson Largecap Fund Market Value
| THPGX Fund | USD 98.24 2.55 2.53% |
| Symbol | THOMPSON |
Thompson Largecap 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thompson Largecap's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thompson Largecap.
| 03/22/2023 |
| 03/11/2025 |
If you would invest 0.00 in Thompson Largecap on March 22, 2023 and sell it all today you would earn a total of 0.00 from holding Thompson Largecap Fund or generate 0.0% return on investment in Thompson Largecap over 720 days. Thompson Largecap is related to or competes with Clipper Fund, Meridian Contrarian, Meridian Growth, Muhlenkamp Fund, and Nasdaq-100 Fund. The fund normally invests at least 80 percent of its net assets plus any borrowing for investment purposes in a diversif... More
Thompson Largecap Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thompson Largecap's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thompson Largecap Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.15 |
Thompson Largecap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thompson Largecap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thompson Largecap's standard deviation. In reality, there are many statistical measures that can use Thompson Largecap historical prices to predict the future Thompson Largecap's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.46) |
Thompson Largecap Backtested Returns
Thompson Largecap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the fund had a -0.17 % return per unit of risk over the last 3 months. Thompson Largecap Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thompson Largecap's Risk Adjusted Performance of (0.10), variance of 2.11, and Coefficient Of Variation of (735.73) to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thompson Largecap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thompson Largecap is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
Thompson Largecap Fund has virtually no predictability. Overlapping area represents the amount of predictability between Thompson Largecap time series from 22nd of March 2023 to 16th of March 2024 and 16th of March 2024 to 11th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thompson Largecap price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Thompson Largecap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 25.75 |
Thompson Largecap lagged returns against current returns
Autocorrelation, which is Thompson Largecap mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thompson Largecap's mutual fund expected returns. We can calculate the autocorrelation of Thompson Largecap returns to help us make a trade decision. For example, suppose you find that Thompson Largecap has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Thompson Largecap regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thompson Largecap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thompson Largecap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thompson Largecap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thompson Largecap Lagged Returns
When evaluating Thompson Largecap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thompson Largecap mutual fund have on its future price. Thompson Largecap autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thompson Largecap autocorrelation shows the relationship between Thompson Largecap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thompson Largecap Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in THOMPSON Mutual Fund
Thompson Largecap financial ratios help investors to determine whether THOMPSON Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in THOMPSON with respect to the benefits of owning Thompson Largecap security.
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